World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.
Royal Bank of Scotland (RBS) has said it plans to close 18 of its 86 branches across Scotland – including three of its Edinburgh banks. The closures, which will see the loss of 105 jobs across the country, will leave 69 branches in Scotland. RBS, who are now under the NatWest Group banner, said the further reduction in branch numbers is due to declining use by customers – but insisted there will be no further closures before 2026. The closures include three branches in Edinburgh, three in...
EigenLayer’s token EIGEN will launch in May, with a total supply of 1.67 billion tokens. The Eigen Foundation has announced an airdrop for the community, set for May. The Eigen Foundation, the non-profit supporting the development of restaking protocol EigenLayer, has announced the launch and distribution of the native token EIGEN. Alongside the announcement for […]
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
The investment intends to introduce a number of customer service improvements, including the use of biometric voice tech and enhanced self-service capabilities. : Bank of Ireland announces €34m customer service investment
The LEGO Group said this effort is part of the company’s effort to minimize its environmental impact on the central Virginia region.
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
Brightwell has launched a platform designed to let businesses deliver cross-border payments to their customers. The new Latitude platform does so based on the customer’s currency, location and payment method, the global payments technology company said in a Tuesday (April 23) press release. “Businesses across a variety of industries have made substantial investments in prioritizing the customer experience, striving to […]
Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients. The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS. The solution will launch first for clients of Standard Chartered […]
The number of migrants from China has soared from under 1,000 a few years ago to more than 37,000 last year. NBC News' David Noriega reports on what's behind the increase and how the U.S. says it's addressing the issue.
The latest round commits $647,900 for projects, including an outdoor classroom space, renovations to sensory rooms and learning through podcasting, said a news release from the province.